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  • #259,081
  • Edited 9:50pm Jun 16, 2010 9:43pm | Edited 9:50pm
closed the long at 2278 for 16 pips, this mom is too fatiguing to mess with when you have other things you could be doing... will hope for FoLo to shake something loose or maybe the tokyo boys to get done with lunch. ((got my ticker goin tho for a few minutes... countertrend does that to geezers....))

SELL limit at 2304 assuming a retap of the DP maybe a'rd FoLO...???

careful trades all...
FUBAR...
  • #259,082
  • Jun 16, 2010 9:45pm Jun 16, 2010 9:45pm
Quoting Bootleger
Nothing goes straight up or straight down.....
That's the only thing I completely agree with you on. I'll comment by asking the following: according to Dow theory, is it more probable that we are observing a pullback in the bear euro trend, or that we are witnessing a reversal?
  • #259,083
  • Jun 16, 2010 9:47pm Jun 16, 2010 9:47pm
Quoting ak4x
closed the long at 2279 for 17 pips, this mom is too fatiguing to mess with when you have other things you could be doing... will hope for FoLo to shake something loose or maybe the tokyo boys to get done with lunch.

careful trades all... ((got my ticker goin tho for a few minutes... countertrend does that to geezers....))
LOL. My wife thinks I'm having an affair with my Mac Pro.
  • #259,084
  • Jun 16, 2010 9:48pm Jun 16, 2010 9:48pm
Quoting ak4x
closed the long at 2279 for 17 pips, this mom is too fatiguing to mess with when you have other things you could be doing... will hope for FoLo to shake something loose or maybe the tokyo boys to get done with lunch.

careful trades all... ((got my ticker goin tho for a few minutes... countertrend does that to geezers....))
There is supposedly going to be some bad news about Portugals debt tomorrow. That might be the shoe everyone is waiting to drop. Then again a lot of this stuff is already priced in supposedly so.........? There was some scary stuff about Spain the last couple days and that didn't seem to do much. I'm just gonna sit on the sidelines for now and look at D1. The lower time frames seem like too much of a crap shoot to me right now.

Unless it hits 2450-2500. If that happens all hell is going to break loose I think..................or not.
  • #259,085
  • Jun 16, 2010 9:50pm Jun 16, 2010 9:50pm
Quoting ak4x
closed the long at 2278 for 16 pips, this mom is too fatiguing to mess with when you have other things you could be doing... will hope for FoLo to shake something loose or maybe the tokyo boys to get done with lunch.

careful trades all... ((got my ticker goin tho for a few minutes... countertrend does that to geezers....))
Quick draw Mcgraw
  • #259,086
  • Jun 16, 2010 9:56pm Jun 16, 2010 9:56pm
Quoting PriceVolume
That's the only thing I completely agree with you on. I'll comment by asking the following: according to Dow theory, is it more probable that we are observing a pullback in the bear euro trend, or that we are witnessing a reversal?
Well, the dollar has been too strong so it has to fall down... no fundamentals justify that big move up in USD over the last 6 months... it my opinion it's the worse currency. The trend for the USD has been clear for the last 10 years : Down... but a 6 months bear market in the euro doesn't mean a lot compare to the USD trend.

To answer your question, I don't know how long will it last but we'll certainly see strenght in the euro in the next few months.

Obviously, on the long run like I said, we know that the euro will just be a souvenir but we're far from that point yet
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #259,087
  • Jun 16, 2010 10:02pm Jun 16, 2010 10:02pm
Quoting Bootleger
Well, the dollar has been too strong so it has to fall down... no fundamentals justify that big move up in USD over the last 6 months... it my opinion it's the worse currency. The trend for the USD has been clear for the last 10 years : Down... but a 6 months bear market in the euro doesn't mean a lot compare to the USD trend.

To answer your question, I don't know how long will it last but we'll certainly see strenght in the euro in the next few months.

Obviously, on the long run like I said, we know that the euro will just be a souvenir but...

So, the dollar is the worst currency and the euro will be a souvenir? which is worst?.............everyone wants to be an economist, but no one knows shit!!!.......lol.
  • #259,088
  • Jun 16, 2010 10:07pm Jun 16, 2010 10:07pm
Quoting EasySt
Unless it hit's 2450-2500 (which is a hard resistance area) all bet's are off where we go short term. All I know is that nothing has fundamentally changed since everyone was calling for it to hit 1700. So it's just a matter of timing and timeline now.
thanks..i was afraid that was gonna be the answer...i've been trying to make money here and there but it hasn't been working well for me the last week in this market so just gettin a little impatient and wondering if i'm completely missing something..guess i needed some wise reminders
assume the position...whichever that may be
  • #259,089
  • Jun 16, 2010 10:15pm Jun 16, 2010 10:15pm
Quoting Bootleger
Well, the dollar has been too strong so it has to fall down... no fundamentals justify that big move up in USD over the last 6 months...
Euro doesn't move in isolation, it's subject to the overall market. If overall market goes down, so does euro, regardless of how far it has already fallen.
  • #259,090
  • Jun 16, 2010 10:25pm Jun 16, 2010 10:25pm
Quoting AmeriTrini
So, the dollar is the worst currency and the euro will be a souvenir? which is worst?.............everyone wants to be an economist, but no one knows shit!!!.......lol.
Well you know what they say about opinions being like aholes. Everyone has one.
  • #259,091
  • Jun 16, 2010 10:32pm Jun 16, 2010 10:32pm
Quoting gatorinla
s
done
those who can, do. those who cant, talk about those who can
  • #259,092
  • Jun 16, 2010 10:35pm Jun 16, 2010 10:35pm
I am still weary of mad bulls, so SL around 1.2315 just in case.
  • #259,093
  • Jun 16, 2010 10:38pm Jun 16, 2010 10:38pm
Quoting gatorinla
there ba ack!
i knew i had this frikken chart!!!! and level...
those who can, do. those who cant, talk about those who can
  • #259,094
  • Jun 16, 2010 10:41pm Jun 16, 2010 10:41pm
Quoting gatorinla
i knew i had this frikken chart!!!! and level...
Nice man! Glad to c ya back today..we missed ya
  • #259,095
  • Jun 16, 2010 10:47pm Jun 16, 2010 10:47pm
Quoting AmeriTrini
So, the dollar is the worst currency and the euro will be a souvenir? which is worst?.............everyone wants to be an economist, but no one knows shit!!!.......lol.
Right now the USD is the worse one but the Euro is becoming the same as the dollar... so both are going down the drain eventually... Gold is the best measure of these currencies !
US Dollar is trash... Get out of that Ponzi scheme !!!
  • #259,096
  • Jun 16, 2010 10:47pm Jun 16, 2010 10:47pm
There it is, 12 hours later its finally in bear mode
  • #259,097
  • Jun 16, 2010 10:47pm Jun 16, 2010 10:47pm
Quoting gatorinla
i knew i had this frikken chart!!!! and level...
Which chart, gator?
  • #259,098
  • Jun 16, 2010 10:48pm Jun 16, 2010 10:48pm
Quoting Orbital
There it is, 12 hours later its finally in bear mode
It's always about timing and patience....
  • #259,099
  • Jun 16, 2010 10:48pm Jun 16, 2010 10:48pm
Seems it's going to retest black bottom TL. Brake of it will see me short.
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  • #259,100
  • Jun 16, 2010 10:50pm Jun 16, 2010 10:50pm
Quoting PriceVolume
It's always about timing and patience....
<3

Thanks for that Second Voucher btw
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